Raven Protocol Price (RAVEN)

What Is Raven Protocol(RAVEN)?

Raven Protocol is a decentralized and distributed deep-learning training protocol which provides cost-efficient and faster training of deep neural networks by utilizing the compute resources in the network. The RAVEN token will be the means to kick off all the activity in the Raven Protocol ecosystem. RAVEN tokens will also be used on the marketplace/platform to utilize additional services on top of the distributed AI training.  

Where Can I Track the Raven Coin Price?

Raven Coin Price now can be tracked on CoinCarp.com. CoinCarp(CC) provides Crypto Price Tracking, Exchange Ranking, Crypto Wallet Ranking, Crypto Data Analysis, and Crypto News & Information.

What Is RAVEN Token?

The RAVEN token will be the means to kick off all the activity in the Raven Protocol ecosystem. An AI-developer who wants to perform a training run on 1M images will need to send over RAVEN tokens to a smart contract. Contributors to the network who provide compute nodes will be rewarded with RAVEN tokens upon the successful training run, and is released via smart contract upon data and calculation verification.  

Contributors running the compute nodes are ideally heavily involved in the AI community to drive forward progress in the technology. Thus, they will have a need to use those RAVEN tokens they’ve been rewarded to do AI training as well. The substantial value of tokens held in the blockchain gains more value as they are used in training other models. If the system is left to run on one node alone, the compute power will not be sufficient to conduct the training. The system is sustained with the use of subsequent nodes throughout the blockchain. Thus, the flow of RAVEN tokens will be a complete circle and continue to be utilized inside of the network.

RAVEN tokens will also be used on the marketplace/platform to utilize additional services on top of the distributed AI training. Acquiring datasets, annotating data, using someone else’s trained model, running an algorithm developed by the community, etc., can be accomplished by using RAVEN tokens. The special thing about this network is that those who contribute value to the AI-community will be able to utilize other valuable services in the ecosystem for their own AI-development needs. Thus, making the cost to do AI-development efficiently cheap and much more sustainable than paying for services like AWS.

How Does Raven Protocol Work?

The Raven Protocol distributes heavy deep learning training in the ecosystem using blockchain and incentivizes those who contribute their compute resources in exchange for Raven Tokens, by introducing a new protocol backed by a tested deep learning training distribution algorithm.  

Where Can You Buy Raven Protocol(RAVEN)?

Investing in Raven Protocol can seem complicated, but it is much easier when you buy Raven Protocol through cryptocurrency exchange. Signing up for a cryptocurrency exchange will allow you to buy, sell, and hold Raven Protocol — both for fiat money and other cryptocurrencies. Some of the most popular Raven Protocol cryptocurrency exchange are:

• PancakeSwap (V2)

Please check Raven Protocol(RAVEN) token address If you want to buy or sell Raven Protocol(RAVEN) on dex exchange. Beware of scams!
Click here to view Raven Protocol(RAVEN) price in different crypto exchanges.

Raven Protocol (RAVEN) Community

• FaceBook: https://www.facebook.com/RavenProtocol/
• Twitter: https://twitter.com/Raven_Protocol
• Medium: https://medium.com/ravenprotocol
• Telegram: https://t.me/ravenprotocol

What is Raven Protocol (RAVEN) Contracts address?

• BNB Chain(BEP20): 0xcd7c5025753a49f1881b31c48caa7c517bb46308
• BNB Chain(BEP2): RAVEN-F66